Tumi has set the expected price range of its IPO to between $15 and $17 per share. The luxury luggage retailer registered to go public on the NYSE under the ticker symbol TUMI on December 13, 2011. Doughty Hanson, which has backed Tumi since 2004, has a 76.2% stake in the company, and Stockwell currently has a 5.1% stake. Both intend to sell shares in the offering, with Doughty Hanson maintaining a majority stake.
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